The number of homes under construction in the United States fell by 0.9 percent in May compared to a month earlier. The US Department of Commerce announced this.
On the contrary, economists had generally expected that housing construction would increase by 0.4 percent. According to a new estimate, housing construction increased by 6.8 percent in April.
The ministry also announced that the number of building permits issued in May increased by 0.3 percent.
Lesley Woutersen, one of the co-founders of the EconomicInform gives away all of his free time to the project. He is interested in stock exchange and digital assets. Lesley can be reached by lesley.woutersen@economicinform.com.